R Kime and Co Limited - Accounts to registrar (filleted) - small 17.3

R Kime and Co Limited - Accounts to registrar (filleted) - small 17.3

R KIME AND CO LIMITED - Company Information

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REGISTERED NUMBER: 03076647 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

FOR

R KIME AND CO LIMITED
R KIME AND CO LIMITED (REGISTERED NUMBER: 03076647)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2017




Page

Balance Sheet 1

Notes to the Financial Statements 2


R KIME AND CO LIMITED (REGISTERED NUMBER: 03076647)

BALANCE SHEET
30 APRIL 2017

30.4.17 30.4.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 43,034 87,772

CURRENT ASSETS
Debtors 5 456,321 454,655

CREDITORS
Amounts falling due within one year 6 306,099 302,782
NET CURRENT ASSETS 150,222 151,873
TOTAL ASSETS LESS CURRENT
LIABILITIES
193,256
239,645

CAPITAL AND RESERVES
Called up share capital 8 65,214 65,214
Share premium 2,895 2,895
Retained earnings 125,147 171,536
SHAREHOLDERS' FUNDS 193,256 239,645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 26 February 2018 and were signed by:





Mr K Hayward - Director


The notes form part of these financial statements

Page 1
R KIME AND CO LIMITED (REGISTERED NUMBER: 03076647)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2017

1. STATUTORY INFORMATION

R Kime and Co Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address are as below:

Registered number: 03076647

Registered office: 43 Wenlock Way
Leicester
Leicestershire
LE4 9HU

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Public Service Vehicles - Over periods of upto 15 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Page 2 continued...
R KIME AND CO LIMITED (REGISTERED NUMBER: 03076647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

4. TANGIBLE FIXED ASSETS
Public
Service
Vehicles
£   
COST
At 1 May 2016 927,564
Disposals (70,000 )
At 30 April 2017 857,564
DEPRECIATION
At 1 May 2016 839,792
Charge for year 44,738
Eliminated on disposal (70,000 )
At 30 April 2017 814,530
NET BOOK VALUE
At 30 April 2017 43,034
At 30 April 2016 87,772

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Public
Service
Vehicles
£   
COST
At 1 May 2016 444,344
Transfer to ownership (444,344 )
At 30 April 2017 -
DEPRECIATION
At 1 May 2016 423,011
Transfer to ownership (423,011 )
At 30 April 2017 -
NET BOOK VALUE
At 30 April 2017 -
At 30 April 2016 21,333

Page 3 continued...
R KIME AND CO LIMITED (REGISTERED NUMBER: 03076647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.17 30.4.16
£    £   
Trade debtors 365 365
Amounts owed by group undertakings 122,880 122,880
Amounts owed by participating interests 332,140 330,474
Other debtors 936 936
456,321 454,655

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.17 30.4.16
£    £   
Bank loans and overdrafts 305,279 284,361
Hire purchase contracts - 17,600
Trade creditors 1,102 1,103
Taxation and social security (282 ) (282 )
306,099 302,782

7. SECURED DEBTS

The following secured debts are included within creditors:

30.4.17 30.4.16
£    £   
Hire purchase contracts - 17,600

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.17 30.4.16
value: £    £   
65,214 Ordinary £1 65,214 65,214

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party
transactions with wholly owned subsidiaries within the group.

During the year the company had the following transactions with related companies which are not fully owned
subsidiaries:

Centrebus Limited
A connected company by way of common shareholders.

30.04.17 30.04.16
£    £   
Amount due from related party at balance sheet date 332,140 330,474

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Centrebus East Limited.

Page 4